21ST COMPANY AS: årsregnskap 2020 vs 2019
Grew 99900% on revenue, weaker earnings, fresh owner capital
registry 2021-07-19; journal 2021 580700
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for 21ST COMPANY AS. Revenue 300 NOK → 300.0k NOK (+99900.0%). Net result +645.0k NOK → +175.7k NOK. Equity -698.1k NOK → 10.42m NOK.
On the constructive side: revenue rose; operating result improved; equity strengthened. Pressures included: net result weakened.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for 21ST COMPANY AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 300 NOK to 300.0k NOK (+99900.0% YoY). Calculated
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Operating result improved
Operating result -647.0k NOK → +203.5k NOK (op. margin -215672.7% → 67.8%). Calculated
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↑
Equity strengthened
Book equity -698.1k NOK → 10.42m NOK (equity ratio -170.6% → 1613.9%). Calculated
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Cash rose
Bank deposits 108.9k NOK → 407.8k NOK (+274.5% YoY). Calculated
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↑
Owners injected capital
Paid-in equity rose 24.4k NOK → 967.5k NOK (+943.1k NOK). Reported fact
What deteriorated
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↓
Net result weakened
Net result +645.0k NOK → +175.7k NOK (net margin 214987.3% → 58.6%). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 82.4k NOK → 1 082 NOK (-98.7% YoY). Calculated